IT Audit Manager (EMEA)

  • Location

    City of London, London

  • Sector:


  • Job type:


  • Salary:

    £90000.00 - £100000 per annum + Benefits

  • Contact:

    Jack Devlin

  • Contact email:

  • Job ref:


  • Published:

    10 months ago

  • Expiry date:


IT Audit Manager (EMEA)

Compliance & Risk, Internal & External Aduit coordination.

Central London - £90,000 - £100,000 + Benefits

Reinsurance / Insurance

We have an exciting opportunity with one of our clients, a world leader in reinsurance. They stand for exceptional solution-based expertise, consistent risk management, financial stability and client proximity. It operates in all lines of insurance, with more than 42,000 employees throughout the world.


The Senior IT Compliance & Risk Officer has a responsibility covering all Munich Re IT organizations and Munich Re business offices in the EMEA region (with a very strong focus on the UK entities) and reports directly to the Regional Head of IT Compliance & Risk Management (EMEA) in Munich.

This position has the responsibility to ensure implementation and monitoring of IT Compliance and IT Risk requirements that are aligned with global strategies and processes, while also ensuring local and regional requirements are addressed.

It also includes operating as a business lead in global IT Compliance and Risk projects and initiatives. The senior officer manages key local and regional relationships including Munich Re's Integrated Risk Management, Group Audit, Group Compliance, Group Legal (especially Data Protection Officers) as well as external auditors and regulators.

Role Responsibilities:

  • End-to-end coordination of internal and external IT Audits, including reporting and monitoring of audit gaps
  • Managing the assessment and reporting of IT controls and risks - in conjunction with Munich Re's Integrated Risk Management - to ensure compliance with internal rules that are aligned with international standards, applicable laws and regulations in the region
    (e.g. IT aspects of EU-GDPR and other Data Protection laws, Data Sovereignty laws, Financial Authority regulations in the respective jurisdictions, etc.)
  • Provisioning of IT Compliance and IT Risk Management support and solutions to Business and IT teams in regards to identified issues and concerns
  • Effective management of risks across Munich Re's technology platforms
  • Maintenance and enhancement of the IT Compliance gaps register plus monitoring and tracking timely closure of these gaps
  • Management of third-party assessments that support tenders and new outsourcing partnerships as well as ongoing/regular due diligences of established outsourcing/third party providers
  • Responsibility for IT Compliance, IT Risk & IT Security policies and procedure maintenance
  • Coordination of responses to clients, regulators, auditors, and other stakeholders in regards to IT Compliance, IT Risk & IT Security questionnaires as well as other due diligence requests
  • Transparent reporting of IT Compliance and IT Risks according to local, regional, and global requirements
  • The position operates as part of a global network of IT Compliance & IT Risk officers.
    This includes cross-team cooperation also on topics with global scope (e.g., audits with a global scope, due diligence of major global IT partners, cooperation on assessment of global IT controls and risk assessments, etc).
  • When having topical expertise, the Senior IT Compliance & Risk Officer will also support peers in other parts of the global organization
  • Plays a business lead role in global IT Compliance & Risk projects and other transformation initiatives.
  • Continuous analysis of new laws/regulations pertinent to IT operations in conjunction with relevant partners
    (e.g. MRe's Group Audit, Group Compliance, Group Legal, Integrated Risk Management) and implementation of the required changes to provide ongoing compliance assurance.

Experience required:

  • Several years of relevant professional experience in IT Compliance and IT Risk Management
  • Financial services industry and IT audit experience is strongly favored
  • Extensive expertise in relevant laws and regulations, applicable to financial service organizations/reinsurers
  • Senior level expert knowledge in

- IT Risk assessment

- IT Compliance programs

- IT/Cyber Security

- Data Protection principles and practices

  • Proven experience in successfully managing relevant business and partner relationships, including in transformation programs
  • Confidence in engaging with senior (business) stakeholders
  • Calmness and clarity of thought under pressure, ability to maintain confidentiality
  • Ability to oversee and handle multiple requests at the same time
  • A highly motivated person focusing on personal development, enablement with cultural awareness
  • Excellent command of English (German is a plus) and willingness to travel

If you have the relevant skills and experience and would like to apply, please follow the link provided.